The EGE
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As a point of comparison: when the Highland Branch was converted from commuter rail to streetcars, ridership increased by a factor of 10.
Looking at surrounding density, three stops (Newton Upper Falls post-Northland, Needham Heights, Needham Center) have land use very similar to Newton Centre and Newton Highlands. I would expect their ridership to be similar - ~1,500 to 2,000 daily boardings each, versus the ~200 currently, especially if Needham is willing to densify around its stops. Needham Junction and TV Place wouldn't be quite as strong, maybe 500-1,000 daily each. So off the cuff, you're talking 5k-8k boardings daily, or 10-15k total.
So no, I think that Newton study is pretty reasonable, especially if the cities are willing to do some (very moderate) densification around the stations.
Looking at surrounding density, three stops (Newton Upper Falls post-Northland, Needham Heights, Needham Center) have land use very similar to Newton Centre and Newton Highlands. I would expect their ridership to be similar - ~1,500 to 2,000 daily boardings each, versus the ~200 currently, especially if Needham is willing to densify around its stops. Needham Junction and TV Place wouldn't be quite as strong, maybe 500-1,000 daily each. So off the cuff, you're talking 5k-8k boardings daily, or 10-15k total.
So no, I think that Newton study is pretty reasonable, especially if the cities are willing to do some (very moderate) densification around the stations.